At closing bell, the benchmark Shanghai Composite Index was up 0.31%, or 10.73 points, to 3,497.28. The Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.75%, or 17.47 points, to 2,337.26. The blue-chip CSI300 index added 0.42%, or 21.44 points, to 5,155.59.
Top performing sectors in the Shanghai Stock Exchange were Restaurants (up 10%), Yellow Wine (up 6.14%), Real Estate Management & Services (up 6.03%), Vintners & Others (up 5.91%), and Forest Products (4.71%), while worst performing sectors were Health Care Technology (down 7.53%), Marine (down 2.84%), Automobile (down 2.62%), Rare Metals (2.57%), and Communication Transmission Equipment (down 2.44%).
Top performing sectors in the Shenzhen Stock Exchange were Packaged Foods & Meats (up 6.09%), Other Communications Equipment (up 3.9%), Airlines (up 3.89%), Fishery Products (up 3.68%), and White Liquor (up 3.38%), while worst performing sectors were Livestock Products (down 5.9%), Water (down 3.44%), Office Services & Supplies (down 3.12%), Marine (down 3.02%), and Heating or Other Utilities (down 2.89%).
CURRENCY NEWS: China yuan edged up against the dollar on Monday, despite firmer mid-point fixing by central bank, as crashing speculation about possible currency regime change. Prior to market opening, the People's Bank of China (PBOC) fixed the midpoint rate CNY=PBOC at 6.4408 per dollar, 0.17% weaker than the previous fix of 6.43. In the spot market, the onshore market CNY=CFXS was changing hands at 6.4330, stronger by 0.02% than the previous late session close of 6.4345.
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